Seller's Agent in 2025
Sara Turner
Real Broker
(480) 577-9859
1 in this area
49 Total Sales
1318 S 1st Ave Phoenix, AZ 85003
Central City NeighborhoodEstimated Value: $278,411 - $291,000
Studio
2
Baths
1,430
Sq Ft
$197/Sq Ft
Est. Value
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
As of September 2025Fantastic investment opportunity in Phoenix! This duplex offers a total of 1,430 sq. ft. on a 6,100 sq. ft. lot, featuring two units: one with 1 bedroom and 1 bath, and the other with 1 bedroom and 1.75 baths. Zoned R-5, this property provides potential for future development or rental income. Each unit has a functional layout with spacious living areas, making it ideal for tenants or owner-occupancy. Conveniently located near shopping, dining, and transportation, this property is a great option for investors or those looking to expand their portfolio!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $498
Year Built
- Built in 1936
Parking
- Free Parking
Home Design
- Block Exterior
Flooring
- Ceramic Tile
- Vinyl
Utilities
- Central Air
- Heating Available
- Separate Meters
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 112-35-070
Community Details
Overview
- 2 Units
- Building Dimensions are 50 x 122.5
- Tait Place Subdivision
Building Details
- Operating Expense $498
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2024
Closed on
Sep 18, 2025
Sold by
Sfr Rs Owner Lp
Bought by
Oconnell Christopher
Seller's Agent
Sara Turner
Real Broker
Buyer's Agent
Jeremiah Fuhst
Real Broker
List Price
$274,000
Sold Price
$279,000
Premium/Discount to List
$5,000
1.82%
Views
246
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,103
Avg. Annual Appreciation
1.96%
Original Mortgage
$237,150
Outstanding Balance
$236,513
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$45,590
Purchase Details
Closed on
Feb 13, 2025
Sold by
Star 2021-Sfr1 Borrower Lp
Bought by
Sfr Rs Owner Lp
Purchase Details
Closed on
Mar 10, 2021
Sold by
Rs Phoenix Owner 2 Lp
Bought by
Star 2021-Sfr1 Borrower Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,524,000
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 11, 2019
Sold by
Pure Velocity Llc
Bought by
Rs Phoenix Owner 2 L P
Purchase Details
Closed on
Oct 3, 2016
Sold by
Tradewinds Capital Fund Ii Llc
Bought by
Pure Velocity Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,250
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 27, 2016
Sold by
Garcia Albert
Bought by
Tradewinds Capital Fund Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,250
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2016
Sold by
Nicole Brown Pllc
Bought by
Garcia Albert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 19, 2016
Sold by
Nicole Brown Pllc and Nguyen Huyen Thi
Bought by
Nicole Brown Pllc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,250
Interest Rate
3.97%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2014
Sold by
Nicole Brown Pllc
Bought by
Nicole Brown Pllc and Nguyen Huyen Thi
Purchase Details
Closed on
Sep 25, 2013
Sold by
Powerhouse Investment Group Llc
Bought by
Nicole Brown Pllc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 11, 2013
Sold by
Terrys Real Estate Investments Llc
Bought by
Powerhouse Investments Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2006
Sold by
Lewis Oscar
Bought by
Lewis Oscar and Lewis Victoria A
Purchase Details
Closed on
Jul 27, 1985
Sold by
Lewis Enriqueta C
Bought by
Lewis Vicki
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oconnell Christopher | $279,000 | Stewart Title | |
| Sfr Rs Owner Lp | -- | Stewart Title | |
| Star 2021-Sfr1 Borrower Lp | -- | New Title Company Name | |
| Rs Phoenix Owner 2 L P | $187,000 | Magnus Title Agency Llc | |
| Pure Velocity Llc | $84,250 | Grand Canyon Title Agency | |
| Tradewinds Capital Fund Ii Llc | $104,250 | None Available | |
| Garcia Albert | $139,000 | Stewart Title | |
| Nicole Brown Pllc | -- | None Available | |
| Nicole Brown Pllc | -- | None Available | |
| Nicole Brown Pllc | $40,000 | Pioneer Title Agency Inc | |
| Powerhouse Investments Group Llc | $33,000 | Pioneer Title Agency Inc | |
| Terrys Real Estate Investments Llc | $19,000 | Pioneer Title Agency Inc | |
| Lewis Oscar | -- | None Available | |
| Lewis Vicki | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oconnell Christopher | $237,150 | |
| Previous Owner | Star 2021-Sfr1 Borrower Lp | $312,524,000 | |
| Previous Owner | Pure Velocity Llc | $84,250 | |
| Previous Owner | Garcia Albert | $104,250 | |
| Previous Owner | Nicole Brown Pllc | $30,000 | |
| Previous Owner | Terrys Real Estate Investments Llc | $28,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | Sold | $279,000 | +1.8% | $195 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $274,000 | 0.0% | $192 / Sq Ft |
| 07/17/2025 07/17/25 | Pending | -- | -- | -- |
| 06/18/2025 06/18/25 | For Sale | $274,000 | 0.0% | $192 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 04/30/2025 04/30/25 | For Sale | $274,000 | 0.0% | $192 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 04/18/2025 04/18/25 | Price Changed | $274,000 | -8.7% | $192 / Sq Ft |
| 02/18/2025 02/18/25 | Price Changed | $299,950 | -6.3% | $210 / Sq Ft |
| 02/07/2025 02/07/25 | For Sale | $319,950 | 0.0% | $224 / Sq Ft |
| 01/23/2025 01/23/25 | Pending | -- | -- | -- |
| 11/26/2024 11/26/24 | For Sale | $319,950 | -- | $224 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $529 | $3,724 | -- | -- |
| 2024 | $493 | $3,547 | -- | -- |
| 2023 | $493 | $18,410 | $3,680 | $14,730 |
| 2022 | $476 | $12,980 | $2,590 | $10,390 |
| 2021 | $472 | $10,770 | $2,150 | $8,620 |
| 2020 | $478 | $7,810 | $1,560 | $6,250 |
| 2019 | $477 | $7,460 | $1,490 | $5,970 |
| 2018 | $469 | $6,670 | $1,330 | $5,340 |
| 2017 | $458 | $6,080 | $1,210 | $4,870 |
| 2016 | $445 | $4,410 | $880 | $3,530 |
| 2015 | $411 | $3,870 | $770 | $3,100 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Turner
-
Jeremiah Fuhst
Buyer's Agent in 2025
Jeremiah Fuhst
Real Broker
(480) 381-4454
2 in this area
108 Total Sales
-
Ramon Moreno
Buyer Co-Listing Agent in 2025
Ramon Moreno
Real Broker
(480) 290-2778
2 in this area
48 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6788601
APN: 112-35-070
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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